(OFLX) Omega Flex complete technical analysis [charts+indicators] | Buy/Sell Omega Flex | (OFLX) share price targets
Complete technical analysis of Omega Flex (OFLX) by charts plus indicators, forecast predictions and share price targets for Omega Flex (OFLX)
Omega Flex trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of Omega Flex is 5020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 69.41 | 69.51 | 70.77 | 69.41 | 1.853 times |
| 29 Thu Feb 2024 | 69.65 | 72.79 | 72.79 | 69.60 | 2.231 times |
| 28 Wed Feb 2024 | 70.59 | 70.95 | 71.16 | 70.20 | 1.056 times |
| 27 Tue Feb 2024 | 71.33 | 71.52 | 71.52 | 71.33 | 0.478 times |
| 26 Mon Feb 2024 | 72.18 | 72.67 | 72.79 | 71.27 | 0.717 times |
| 23 Fri Feb 2024 | 72.60 | 72.42 | 73.87 | 72.00 | 0.657 times |
| 22 Thu Feb 2024 | 71.92 | 74.45 | 74.45 | 71.92 | 0.697 times |
| 21 Wed Feb 2024 | 72.34 | 73.13 | 73.69 | 72.34 | 0.956 times |
| 20 Tue Feb 2024 | 73.09 | 70.49 | 73.09 | 70.49 | 0.876 times |
| 16 Fri Feb 2024 | 72.24 | 74.66 | 75.02 | 72.24 | 1.215 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 69.3 as stoploss in an intra day buy trade for a target of 71.01. However, stock will show a bearish move below 69.3.
Share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Target | 63.43 |
| Downside Target | 67.85 |
| Upside Target | 72.34 |
| Upside Target | 72.79 |
| Upside Target | 74.45 |
| Upside Target | 74.92 |
| Upside Target | 75.18 |
| Upside Target | 75.28 |
| Upside Target | 76.50 |
| Upside Target | 85.92 |
Intraday share price targets for Omega Flex (OFLX)
| Target Type | Value |
| Downside Intraday Target | 68.28 |
| Downside Intraday Target | 67.16 |
| Upside Intraday Target | 71.66 |
| Upside Intraday Target | 73.92 |
| Upside Intraday Target | 70.54 |
Weekly technical analysis of Omega Flex (OFLX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 69.41 | 72.67 | 72.79 | 69.41 | 1.988 times |
| 23 Fri Feb 2024 | 72.60 | 70.49 | 74.45 | 70.49 | 0.44 times |
| 16 Fri Feb 2024 | 72.24 | 72.24 | 75.28 | 67.85 | 0.966 times |
| 09 Fri Feb 2024 | 70.74 | 69.96 | 72.34 | 68.00 | 0.665 times |
| 02 Fri Feb 2024 | 69.24 | 72.00 | 74.92 | 69.24 | 1.292 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Omega Flex (OFLX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 69.41 | 69.51 | 70.77 | 69.41 | 0.073 times |
| 29 Thu Feb 2024 | 69.65 | 70.17 | 75.28 | 67.85 | 0.428 times |
| 31 Wed Jan 2024 | 69.76 | 70.40 | 76.50 | 68.07 | 0.904 times |
| 29 Fri Dec 2023 | 70.51 | 71.77 | 85.92 | 70.49 | 1.683 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Omega Flex (OFLX)
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Omega Flex ( (OFLX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Omega Flex ( (OFLX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Omega Flex stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Omega Flex in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Omega Flex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 71.09 and Omega Flex (OFLX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Omega Flex (OFLX) stock. Volume based technical analysis of Omega Flex (OFLX) stock is negative.
Omega Flex Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Omega Flex ( (OFLX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Omega Flex ( (OFLX) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Omega Flex ( (OFLX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Omega Flex stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Omega Flex in short term and the sell signal is strong.
Omega Flex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Omega Flex in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Omega Flex is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 71.09 and Omega Flex (OFLX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Omega Flex (OFLX) stock. Volume based technical analysis of Omega Flex (OFLX) stock is negative.
Omega Flex Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.